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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Weak Downtrend (-65) - CHFHUF is showing signs of a strengthening downtrend. Monitor CHFHUF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid CHFHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFHUF
Open High Low CHFHUF Price Change
322.42900 322.71687 322.10233 322.14791 -0.28109
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term up The long-term trend has been UP since May 15th, 2019 at 288.19000

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2020 at 331.96761

short term down The short-term trend has been DOWN since May 27th, 2020 at 327.70186

Smart Scan Analysis for CHFHUF

Based on our trend formula, CHFHUF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
322.42900 322.71687 322.10233 322.14791 -0.28109
Prev. Close Volume Bid Ask Time
322.42900 321.83586 322.45995 2020-06-02 01:53:42
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